We've tested the support at $72.50 three times in the past few hours and survived each time. That opens the door for short term consolidation and gives us a jumping off point to try $74.50.
These are all super short term support lines. It's quite possible they might fragment and disappear in the next 24 hours, but given our current mostly uncharted situation they're better than nothing.
RSI isn't look terribly happy atm, but it's not warning imminent death either.
Support 1: $72.50 (weak)
Support 2: $71.55 (weak)
Resistance 1: $74.50 (weak)
Resistance 2: $75.31 (weak)
Resistance 3: $76.00 (weak)
If we break below $71 I'm probably going to sell a third of my stack.
These are all super short term support lines. It's quite possible they might fragment and disappear in the next 24 hours, but given our current mostly uncharted situation they're better than nothing.
RSI isn't look terribly happy atm, but it's not warning imminent death either.
Support 1: $72.50 (weak)
Support 2: $71.55 (weak)
Resistance 1: $74.50 (weak)
Resistance 2: $75.31 (weak)
Resistance 3: $76.00 (weak)
If we break below $71 I'm probably going to sell a third of my stack.